"There was no possible way for it to be covered!"
With the companies/shells (FFGO/NMGL) all closing shop, getting rid of their Transfer Agent, being revoked, and unable to trade...
Why would there ever be a need to cover?
Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.